Real estate sector sees improvement

There are some signs that the housing market in the United States is on its way to recovery after struggling mightily since the crash in 2008.

The recently released CNBC All America Economic survey revealed that more than a quarter, 27 percent, of those polled believed that the price of their homes would increase during the next year. CNBC reports that the increase is the most positive since 2007 and could mean that the real estate sector will see improvements.

While housing hasn't fully returned to where it was prior to the collapse of values, many experts believe that there has been substantial progress made in the past few months.

"Overall the housing industry has come back,” said Standard and Poors’ David Blitzer in an interview with the source. "We might finally get a little boost to the economy from the housing sector."

There have been other studies that the sector is doing better. A study from Ibis World revealed that the real estate sales and brokerage industry will see 3.1 percent growth after making progress in 2011 as well.

Content provided by executive search organization, MRINetwork.

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